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House GOP Proposes to Ignore Debt Ceiling

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House Republicans plan to vote on Wednesday not to raise the federal debt limit — but to ignore it altogether — at least until May 18, the Washington Post reports.

“The House plans to vote Wednesday on a measure that would leave the $16.4 trillion debt limit intact, but declares it ‘shall not apply’ from the date the measure passes until mid-May. This approach — novel in modern times — would let Republicans avoid a potentially disastrous fight over the debt limit without actually voting to let the Treasury borrow more money.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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